Wildhog Indicator
Platform: MT4 Type: Oscillator Last update: September 24, 2024The Wildhog Indicator for MT4 is a custom forex oscillator that shows an overbought/oversold market levels. What’s more, it’s capable to automatically recognize and draw classical and hidden divergences (all customizable in the settings tab). The potential entries are marked with buy/sell arrows directly on the activity chart.
It’s a good condidate to use in conjuction with other technical analysis indicators.
Example trades:
As you can see on the above chart – there were three divergences recognized and potential trades and two of them were profitable and one was failed.
